Imperial Time Uk Ltd
- Small
- Active
- 10 years
- 2 employees
- £543,122 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Regular exporter
- Solo founder
- E-commerce
- Rating 5.0 (100)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Imperial Time UK Ltd, based in London, is a small, active company founded nine years ago. With two employees and £543,122 in assets, it operates from a real address in Hatton Garden and is overseen by one director and owner. Boasting a stellar 5.0 Google rating from 100 reviews, the company specializes in the retail sale of watches and jewellery. It’s a specialist in preowned luxury watches.
The company’s website showcases a wide range of luxury watches and jewellery, including Rolex, Audemars Piguet, and Cartier, alongside a selection of new jewellery pieces. It operates an e-commerce site, allowing customers to browse and purchase items online. The site also highlights its services, including watch restoration and disaster recovery for damaged pianos—a surprising diversification.
Financially, Imperial Time UK Ltd shows some concerning trends. Cash bank on hand increased significantly, rising by 1800%, reaching £16,000, which is good news. However, net assets plummeted 95%, dropping to just £1,000—a substantial decrease. Bank borrowings remained steady, but creditors increased by 39%, reaching £330,000, suggesting growing short-term debt. The company’s average number of employees increased by 50%, rising to three, which could indicate expanding operations or increased workload. The company is small, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures rely on unaudited statements.
Overall, Imperial Time UK Ltd appears to be navigating a period of financial pressure, despite its strong online presence and positive customer reviews. The company’s diversification into piano restoration adds an intriguing layer to its business model, but whether it can offset the financial challenges remains to be seen.
Registered in England/Wales under the registration number 09649863, with a registered address at EC1N 8JY, London, Showroom 38 67 Hatton Garden.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Change of details for Mr Sarif Ernst Albert Metzger as a person with significant control on 2020-02-01Download 2 pages pdf report
-
Confirmation statement made on 2024-06-20 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-06-30Download 8 pages pdf report
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FAQ about Imperial Time Uk Ltd
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